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Byabasiita Group, Ibanda
In this Group: Willy, Joy, Geofrey, Joyce, Leopod, Fred, Moses, Juliet*, Anatoori, Eric, Lawrence
* not pictured
Willy N. is a good person. He is 40 years old and married with 5 children in primary and secondary schools. Willy has a retail shop and a bar in the Byabasiita trading centre and has managed both businesses for 9 years. He is able to make profit which enables him take care of his family, his children’s education and general duties. He says that good customer care has helped him succeed. In the future, he would like to become richer and provide his family with a better living condition. Willy needs a loan to be able to boost his business, as the profits he makes help him to pay the school fees for his children.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,500
    Average annual income
  • 251
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 1,885.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Byabasiita Group, Ibanda's $3,200 loan helped a member restocking his retail shop and bar with more products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010